Burger King's China owner explores sale of unit at $1.2b valuation

Burger King's China owner explores sale of unit at $1.2b valuation

REUTERS/Leonhard Foeger

TAB Food Investments, the largest global franchisee of Restaurant Brands International Inc., is exploring a sale of its China business in a deal that would value the asset at more than $1.2 billion, people with knowledge of the matter said.